Do more with your money
5. Consider a term deposit
If you’ve got a decent chunk of change sitting in your savings, it might be worth thinking about a term deposit.
A term deposit is somewhere between a savings account and an investment: you agree to store your money with a bank for a certain amount of time, in exchange for a fixed interest rate.
This option can give you more certainty about the interest you’ll earn – a big help when it comes to budgeting. And while they do limit your ability to access funds, this can be a good choice for some savers, making it much harder to dip into savings when temptations arise – we’re looking at you, online shopping.
Different strokes for different folks
It doesn’t matter who you are, what your savings goals are, or what stage of life you’re in. We’ll help you save bigger and earn better so you can reach your dreams – whatever they may be.
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save for the next big thing
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save for my retirement
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